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Published: February 15, 2024

Written by: Stefan Velikov

  • Iron Blood Gaming announced it is shutting down
  • Considering IBG had a very successful 2023, he news came as a shock to many fans
  • The org allegedly still owes money to several players and coaches

Fans were baffled to hear Iron Blood Gaming is shutting down despite it placing 10th at the 2023 ALGS Championship.

IBG Closes Its Doors

Everything has an end and this also applies to esports organizations. It is not rare that franchises would close out separate branches or teams or even dissolve completely. However, this rarely happens to organizations that have seen success over a competitive season. This did not stop Iron Blood Gaming from announcing it is closing its doors despite placing in the top 10 at the ALGS Championship last year.

To the surprise of fans and other pros alike, the organization announced yesterday that it is ceasing operations, despite this being a hard decision to make. “Shutting IBG down was a hard decision but was one that’s been weighing heavily since last year,” the organization’s statement on Twitter reads.

“But [this] is the best decision in order to focus entirely on making things right. So with all this being said, IBG has officially ended operations, And again any steps for rectifying anything are being taken. Thank you,” the statement ends.

IBG’s Dissolving Baffles Fans

The sudden announcement caught many fans off-guard as there didn’t seem to be any signs the organization might dissolve like this. Iron Blood Gaming was founded in 2021 as a Call of Duty team but entered competitive Apex Legends a year later by signing a free-agent squad from Australia.

IBG was based in North America, but its Apex Legends squads were always based in Southeast Asia. It made a name for itself in 2022 by qualifying for the 2023 Split 1 Playoffs thanks to a first-place finish in the APAC South Pro League. It was at this point that the team’s rise picked up speed. The team cemented its spot at the top of esports in 2023 by placing 10th at the 2023 ALGS Championship.

Considering their good performance and rise in popularity, many fans wondered why it was decided the team would be dissolved. The problem is compounded by the fact there wasn’t much explanation by the organization itself, as well as allegations that IBG still owes money to multiple players and coaches.

“Blows my mind to know this org is still up and running, knowing they owe multiple players and coach (to my knowledge, might be more) at the (very) least $10k,” wrote retired Apex Legends pro Preston “Prestinni” Sanderson in a now-deleted tweet. “From what I hear, it’s much more than that but I’ll be generous. Myself, am owed at least 6k btw.”

IBG stated that it would clarify this issue in future updates, which have yet to come at the time of writing of this article.

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